Smyths Toys Ireland sees pre-tax profits jump to over €5m
Smyths Toys operates 21 stores in the Republic.
Pre-tax profits at the Irish business of toy retail giant Smyths last year increased by 22.5% to €5.33 million.
New accounts for Smyths Toys Ltd show revenues for its Irish operation increased by €49 million (22.5 per cent) from €217.56 million to €266.66 million.
The Smyth family opened their first toy store in Galway more than three decades ago.
The firm operates 21 stores in the Republic, with revenues last year working out at an average of €12.7 million per store.
The revenues of €266.66 million represent 19% of the group’s €1.38 billion business across Britain, Northern Ireland and the Republic last year.
